[2017-05-17] ET: Indian orgs attacked by WannaCry unwilling to pay bitcoins

Indian orgs attacked by WannaCry unwilling to pay bitcoins

http://tech.economictimes.indiatimes.com/news/technology/indian-orgs-attacked-by-wannacry-unwilling-to-pay-bitcoins/58706427

Indian orgs attacked by WannaCry unwilling to pay bitcoinsSeveral Indian companies compromised by the WannaCry cyber-attack were unwilling to pay in bitcoins to recover their data, fearing that using the unregulated virtual currency to settle the ransom would only invite more trouble.

There’s also the matter of the three-day deadline for the ransom to be paid from the time a computer is infected. For companies not already transacting in bitcoins, that’s too short a deadline.

“Fourteen clients have reached out to me in the last three-and-half days and none of them are ready to pay up in bitcoins for the ransomware attack,” said Manan Shah, chief executive of cyber-security provider Avalance Global Solutions. “They do not feel a bitcoin is a legitimate mode of payment.”

Topic: [2017-05-17] ET: Indian orgs attacked by WannaCry unwilling to pay bitcoins (Read 248 times)